Neuberger Berman Emerging Markets Debt Hard… (NEMD) Performance
NEMD total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +1.3% since Dec 31, 2025
- 1 year
- +3.9% total return
- Since first price
- +8.5% since 2025
NEMD trailing returns vs AGG, TLT, SPY
| Period | NEMD total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | −0.8% | −1.2% | +0.9% | +1.5% | −1.0% |
| 3 months | −2.0% | −3.4% | −0.4% | −1.0% | +3.2% |
| 6 months | −1.3% | −4.1% | −1.5% | −3.8% | +7.8% |
| YTD | +1.3% | −3.0% | −1.0% | −3.4% | +12.3% |
| 1 year | +3.9% | −2.0% | −1.1% | −6.9% | +14.4% |
| Since inceptionAug 11, 2025 | +8.5% | +1.4% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: NEMD vs AGG
From Aug 11, 2025: NEMD grew to $10,845, AGG to $10,155.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
NEMD returns by calendar year
2026 is year to date.
NEMD annual returns table
| Year | NEMD | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | +1.3% | −5.0% | −1.0% | −3.4% | +12.3% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
NEMD risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | +5.7% |
| Volatility (annualized) | 7.0% |
| Sharpe ratio | 0.31 |
| Sortino ratio | 0.40 |
| Best month | +2.9% |
| Worst month | −3.9% |
| Best 12 months | +10.4% |
| Worst 12 months | +4.3% |
| Positive months | 77% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
NEMD rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 3 | +3.0% | +4.3% | +10.4% | 100% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
NEMD performance overview
Neuberger Berman Emerging Markets Debt Hard… (NEMD) returned +3.9% over the past year, with distributions reinvested. Since its first recorded price on Aug 11, 2025 it has returned +8.5%. Over the same year U.S. bonds (AGG) returned −1.1%.
Related: NEMD chart, NEMD dividends, NEMD bond profile. See the NEMD overview for the latest quote and fund facts.
NEMD performance FAQ
What is the NEMD return over the past year?
NEMD returned +3.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 2.0%.
How much would $10,000 invested in NEMD be worth?
$10,000 invested in NEMD at its first recorded close on August 11, 2025 would be worth about $10,845 on October 23, 2026 with distributions reinvested.
How volatile is NEMD?
Over the past history NEMD had an annualized volatility of 7.0% and a Sharpe ratio of 0.31 (excess return over 1–3 month T-bills per unit of risk).